Hugg & Hall Equipment Companybenefits

Hugg & Hall Equipment Company's benefits plans covered 768 active participants in 2024, providing life · dental · vision · long-term disability · other. Insurance premiums totaled $435,867. Insurance brokers and agents were paid $168,609 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 38.7% of premiums. That is $220 per covered person, above the median for employer plans that report broker pay. Broker pay rose 12% from $150,424 in 2023.